Plan Snapshot
- Plan Sponsor: Gp&C Operations LLC.
- Sponsor EIN: 853723475
- Sponsor Address: 164 FREDETTE ST, GARDNER, MA, 01440
- Plan Type: 401(k)
- Total Participants: 248
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 248 | $10.8M | $323,597 | $806,278 |
| 2023 | 208 | $9.1M | $345,025 | $696,758 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $29,133 | — | $29,133 |
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | $19,633 | — | $19,633 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,766
- Estimated Expense Ratio: 0.453% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $44,598 | — | — | — | — |
| 2023 | $37,492 | — | — | — | — |